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Headlines

Everyone can code: Apple, Pathlight collaborate to deepen students' coding literacy | Channel NewsAsia, 13 mar 2019
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Teamwork: A crucial healthcare engine | MultiBriefs Exclusive, 13 mar 2019
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Hawkish Or Dovish Is Not Absolute - It Is Relative To The Condition Of The Global Economy | Seeking Alpha, 13 mar 2019
Ag Tech Shaping the Future of Farming | Agriculture.com, 13 mar 2019
How to Scale a Design-Focused Business | Fortune, 13 mar 2019
Scientists Design a Network That Lives Inside Your Body | Popular Mechanics, 13 mar 2019
Know About Point-of-Use Industrial Design Market with Growth Factors, Trends, Forecasts to 2023 | Micro Finance Observer, 13 mar 2019
Glass in Retail & Commercial Architecture: Texture, Brightness and Color | ArchDaily, 13 mar 2019
Charitable giving: How to maximize your donations | Bankrate, 13 mar 2019
The 10 commandments of social entrepreneurship | Bizcommunity, 13 mar 2019
15 Non-Traditional Marketing Methods To Help Build Your Business | Forbes, 13 mar 2019
10 Video Marketing Statistics for 2019 | Social Media Today, 13 mar 2019
Learn the ins & outs of the top digital marketing platforms | Salon, 13 mar 2019
The role of creative director in the new age of advertising | The Drum, 13 mar 2019
Insights: Branding in the screenless age | Transform Magazine, 13 mar 2019
The Branding of Indian Education | The Wire, 13 mar 2019
The gaping hole in India's macro balance sheet | Livemint, 13 mar 2019
Briquetting: Need of the hour | Krishi Jagran, 13 mar 2019
Online education push reformative but policy lacks clarity, structure | Livemint, 12 mar 2019
Why the right STEM education and mentorship are crucial to foster innovation | YourStory, 12 mar 2019
Reform structure for universal healthcare | Deccan Herald, 12 mar 2019
Life Sciences 4.0: Digital opportunities in the Indian healthcare sector | Consultancy, 12 mar 2019
Why India must chew on African model in health innovations | The Hindu, 12 mar 2019
Podcast: Digging Deeper - India's economy may be on the rise, but happiness dwindles | Moneycontrol, 12 mar 2019
India's engineers struggle for work as jobs crisis worsens | Moneycontrol, 12 mar 2019
The Future of Education: How Cities Can Leverage Community Assets, Social Networks, and Personal Passions in Extending Their Learning Systems Beyond the Classroom | The 74, 12 mar 2019
Frequent trips to the bathroom at night cost the global economy billions of dollars | Quartz, 12 mar 2019
The Beginner's Guide to Succeeding at Entrepreneurship | Entrepreneur, 12 mar 2019
The Design Lover's Guide to Zanzibar | Architectural Digest, 12 mar 2019
6 Blog Design Mistakes Ruining Your Content Marketing Strategy | Social Media Today, 12 mar 2019
Karl Mayer makes new shoe fabrics with knitting machines | Fibre2Fashion, 12 mar 2019
Editorial: How do you ask charities for charity? | Tribune-Review, 12 mar 2019
What Do Our Times Require? Funders Propose a Philanthropic 'Green New Deal' | Nonprofit Quarterly, 12 mar 2019
What's Hot (and What's Not) in Education Philanthropy Right Now | Inside Philanthropy, 12 mar 2019
Let's Rethink Pedigrees in Philanthropy; Plus, the Pros and Cons of Impact Investing | The Chronicle of Philanthropy, 12 mar 2019
Why Eschewing Public Engagement Is Your Nonprofit's Key To Facebook Live Video Success | Forbes, 12 mar 2019
5 things to consider before joining a nonprofit board | Knoxville News Sentinel, 12 mar 2019
What is excellence in marketing? | Marketing Week, 12 mar 2019
Future of Advertising | Raconteur, 12 mar 2019
Take Your Customer Experience Beyond Traditional Metrics | Forbes, 12 mar 2019
Where Design Explains, Darwinism Explains Away | Evolution News, 11 mar 2019
Is Career And Technical Education Good News Or Bad? | Forbes, 10 mar 2019
4 Questions to Consider Before Donating to a Foreign Charity | Barron's, 10 mar 2019
Is clothing donation charitable and eco-friendly? | CGTN, 10 mar 2019
More small firms are analyzing social media and analytics to spot trends | StarTribune, 10 mar 2019


India's Healthcare - Overcoming Challenges and Moving into the Future To Provide Better Health and Save Lives

By Mohammad Anas Wahaj; MBA, University of Illinois at Urbana-Champaign, 2000, USA; BS in Mechanical Engineering, Aligarh Muslim University, 1993, India
Dated: 20 May 2016


India's healthcare is an opportunity that has room for growth for all - public or private, for-profit or non-profit, foreign or domestic entities. According to the latest CII-KPMG report, Indian healthcare sector is estimated to reach US$ 160 billion in 2017, accounting for about 4.2% of GDP. It is further expected to grow to US$ 280 billion by 2020. Moreover, a report by NASSCOM mentions that India's healthcare IT market is valued at US$ 1 billion and is expected to grow 1.5 times by 2020.

Over the years, governments have tried to develop policies and have taken steps to provide better healthcare for its citizens. But India's large size, huge population (1.25 billion) and ineffective implementation at various levels, has created lop sided infrastructure and uneven development in healthcare. While bigger towns and cities have developed state of the art healthcare facilities, the rural part has lagged behind on multiple counts. India currently spends only 1.05% of GDP on public health, compared to 3% by China.

Even though villages and small towns have private clinics and public healthcare facilities, overall the healthcare for the rural folks is bad, if not worse. Rural areas also have substantial presence of unauthorized health practitioners, quacks and shamans, who take advantage of the healthcare void. Moreover, most of the rural population has to travel long distances for specialized care and in a number of cases have to sell off their assets or get into huge debt to get treatment. Health insurance in India is still not common.

In spite of all the challenges, India is taking a stride into the next phase of healthcare, riding on technological advances, new financial models and corporatization of hospitals. Healthcare comes under state government but central government has a major role to play regarding budgetary allocations and policy making. Better coordination between state and center is required to overcome structural and systemic shortcomings in healthcare. As the current trends show, government is withdrawing itself gradually and giving more opportunity to the private sector, both for-profit and non-profit, to take over the health of India's citizens. Although it is a healthy move, but considering 70% population in rural areas and large part of it poor, it would be a challenging task for the private for-profit healthcare players to give a rural push, as they generally go where the money is and seek better return on their investments.

Government has to make sure that no one is left behind, and fulfil the promise of 'Healthcare for All'. There can be public-private partnerships (PPP) in rural and remote areas. Government can also help develop non-profit healthcare facilities in rural areas in collaboration with trusts, foundations, NGOs etc. Moreover, doctors and health staff has to be convinced with better perks and benefits and above all, the passion to serve humanity, if they are to be encouraged to work in those areas. For better reach into the hinterland, technology can play an important role. Effective implementation of information technology along with latest healthcare equipment and better supply chain management can assist in overcoming the staff shortages.

Timely provision of healthcare assistance is the key to save cost and save lives. Multipronged strategy is the need of the hour. Focus on proper sanitation habits, better health awareness and adopting healthy eating and lifestyle by the large population can also play a role to tackle some healthcare challenges. FDI (Foreign Direct Investment) will come if there is a lure for making money. Spending on healthcare and general infrastructure, along with providing ease of doing business will create that lure and the money will flow. Entrepreneurs should be encouraged and facilitating environment should be provided for new ideas to flourish and creation of innovative startups. Technology, skilled and trained medical professionals, substantial investment and effective execution of best practices will help India provide what the today's citizens expect from the growing economy.

Read More Posts on Healthcare (India)



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